Wang, Chen (2016) Does Inflation Targeting Work Well? Evidence from CEE Countries. Acta Oeconomica, 66 (3). pp. 375-392. ISSN 0001-6373
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Abstract
Abstract This article examines the effects of inflation targeting (IT) policy on inflation and output performance. I employ the propensity score matching method for the sample of CEE countries from 1990 to 2010. The evidence suggests that the IT regime does not have a significant effect on the inflation level or the inflation volatility; however, the IT framework can help to increase GDP per capita. The effects on inflation indicators are inconsistent with previous studies. The results are robust to different methodologies.
| Item Type: | Article |
|---|---|
| Subjects: | H Social Sciences / társadalomtudományok > H Social Sciences (General) / társadalomtudomány általában |
| Depositing User: | László Sallai-Tóth |
| Date Deposited: | 07 Oct 2016 06:58 |
| Last Modified: | 30 Sep 2018 23:15 |
| URI: | http://real.mtak.hu/id/eprint/41689 |
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